Part payment
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
The reduction of any debt or demand by the payment of a sum less than the whole amount originally due.
Young v. Perkins, 29 Minn. 173, 12 N. W. 515 ; Moffitt v. Carr, 48 Neb. 403, 67 N. W. 150, 58 Am. St. Rep. 696.